A pilot test of using the veil of ignorance approach to estimate a social welfare function for income
Johannesson, Magnus and Gerdtham, Ulf G. LU
(1995)
In Applied Economics Letters
2(10).
p.400-402
- Abstract
The veil of ignorance approach is tested as a basis for empirically determining the shape of the social welfare function for income. An experiment is carried out where the participants choose between different societies that differ with respect to per capita income and the distribution of income. The answers are analysed using logistic regression analysis. According to the results the respondents are willing to give up Swedish Crowns (SEK) 1 in the group with more income to gain SEK 0.35 in the group with less income, but this tradeoff is independent of the size of the difference in income between the groups.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/022795af-0c13-4439-8a4a-fb8386d58764
- author
- Johannesson, Magnus
and Gerdtham, Ulf G.
LU
- publishing date
- 1995-10-01
- type
- Contribution to journal
- publication status
- published
- subject
- in
- Applied Economics Letters
- volume
- 2
- issue
- 10
- pages
- 3 pages
- publisher
- Routledge
- external identifiers
-
- scopus:42949133777
- ISSN
- 1350-4851
- DOI
- 10.1080/758519000
- language
- English
- LU publication?
- no
- id
- 022795af-0c13-4439-8a4a-fb8386d58764
- date added to LUP
- 2018-10-09 12:38:03
- date last changed
- 2022-04-11 14:06:42
@article{022795af-0c13-4439-8a4a-fb8386d58764,
abstract = {{<p>The veil of ignorance approach is tested as a basis for empirically determining the shape of the social welfare function for income. An experiment is carried out where the participants choose between different societies that differ with respect to per capita income and the distribution of income. The answers are analysed using logistic regression analysis. According to the results the respondents are willing to give up Swedish Crowns (SEK) 1 in the group with more income to gain SEK 0.35 in the group with less income, but this tradeoff is independent of the size of the difference in income between the groups.</p>}},
author = {{Johannesson, Magnus and Gerdtham, Ulf G.}},
issn = {{1350-4851}},
language = {{eng}},
month = {{10}},
number = {{10}},
pages = {{400--402}},
publisher = {{Routledge}},
series = {{Applied Economics Letters}},
title = {{A pilot test of using the veil of ignorance approach to estimate a social welfare function for income}},
url = {{http://dx.doi.org/10.1080/758519000}},
doi = {{10.1080/758519000}},
volume = {{2}},
year = {{1995}},
}